Smart Cities

The Industrial Internet of Things is About More Than Just Efficiency

The Industrial Internet of Things (IIoT) is built on the principles of efficiency, optimization and cost saving. However, there is much more to the IIoT than making things leaner, quicker and cheaper. The IIoT is creating value where there was none, it is supporting development outside its set definitions, in fact the IIoT seems to discover new game-changing opportunities wherever it explores. “IIoT presents a transformational opportunity for industry as the trends of urbanization, electrification and digitization all converge,” states Schneider Electric EVP and CTO, Prith Banerjee, in an article for CIO Review. “Whether for the supply chain, manufacturing line, energy grid, pipelines, water system or smart city, a new wave of applications for IIoT is currently being developed, mirroring the proliferation of ‘apps’ driven by the omnipresence of the consumer internet.” We can trace the IIoT concept back at least a decade, emerging on the back of technologies such as radio frequency identification (RFID). […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

MRI Software IPO Sale 2025
Smart Buildings

MRI Software: Exploring the 2025 IPO & Sale Options

This Research Note examines a report from Reuters that MRI Software is to be listed in an IPO or sold. We explore the development of the business over the last 10 years, since it was acquired by private equity owners, highlight their software acquisitions for commercial real estate applications addressing integrated workplace management, tenant experience […]

SmartVatten 2025
Smart Buildings

Smartvatten Strengthens European Position with 2025 LeakLook Acquisition

This Research Note examines Smartvatten, a Finnish specialist in water efficiency technology and expertise in Northern Europe. It updates our previous article in March 2024, covering Smartvatten’s solutions, key developments in 2024, sustainability partnerships and the September 2025 acquisition of LeakLook, a Finnish specialist in IoT-driven water monitoring for real estate. Smartvatten Profile Established in […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.